Midwest Professional Planners LTD. Raises Stock Position in iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Midwest Professional Planners LTD. raised its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 45.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 118,833 shares of the company’s stock after purchasing an additional 36,944 shares during the quarter. Midwest Professional Planners LTD.’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $2,648,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Ascentis Independent Advisors bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 1st quarter valued at about $33,000. Kohmann Bosshard Financial Services LLC bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter worth about $48,000. Blue Square Asset Management LLC bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter worth about $250,000. Towne Trust Company N.A raised its stake in iShares iBonds Dec 2028 Term Treasury ETF by 101.8% in the fourth quarter. Towne Trust Company N.A now owns 11,300 shares of the company’s stock worth $253,000 after buying an additional 5,700 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter worth about $269,000.

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.1%

iShares iBonds Dec 2028 Term Treasury ETF stock opened at $22.10 on Thursday. The stock’s 50 day simple moving average is $22.12 and its two-hundred day simple moving average is $22.25. iShares iBonds Dec 2028 Term Treasury ETF has a fifty-two week low of $22.04 and a fifty-two week high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.0679 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Wednesday, July 1st.

About iShares iBonds Dec 2028 Term Treasury ETF

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.